Operatorship. Seller does not represent to Purchaser that Purchaser will automatically succeed to the operatorship of any given Subject Property as to which Seller is currently the operator. Purchaser recognizes and agrees that Purchaser will be required to comply with applicable operating agreements, unit operating agreements or other similar contracts relating to any elections or other selection procedures in order to succeed Seller as operator.
Appears in 9 contracts
Samples: That Purchase and Sale Agreement (Tetra Technologies Inc), Purchase and Sale Agreement (Pioneer Natural Resources Co), Purchase and Sale Agreement (Pioneer Natural Resources Co)
